IIM Ahmedabad recently concluded the final placements for the batch of 2020, as 153 recruiters offered jobs to the PGP students and 130 recruiters provided placements to PGPx students. Overall, the institute witnessed an increase of 35% in the highest domestic salary package offered to the students.

Under the discipline of PGP, the highest CTC stood at INR. 70 LPA while the average CTC stood at INR. 25.83 LPA. Under the MBA Executive (PGPx) program, the highest salary jumped to INR. 81 LPA from INR. 60 LPA last year. The average salary went up to INR. 33 LPA this year from INR. 30 LPA in 2019. The batch received 120 offers and those students who had lost job offers due to the coronavirus outbreak have also got comparable offers.

CheckIIM Ahmedabad Ranking 2020

IIM Ahmedabad Placements 2020 Highlights

Placement Statistics PGP PGPx
No. of Recruiters 153 130
No. of New Recruiters 38 -
No. of Offers Received 182 300
No. of PPOs Received 50+ -
Average CTC INR. 25.83 LPA INR. 33 LPA
Highest CTC INR. 70 LPA INR. 81 LPA
Top Recruiting Domains EdTech, Pharma Healthcare, IT Consulting, E-Commerce, Finance Consulting, Finance, HR, Marketing/Sales, Operations 
Top Recruiters Microsoft, Amazon, JP Morgan Chase & Co, McKinsey & Co, Bain & Co, A.T. Kearney, BCG, KPMG, Citi, Credit Suisse, Reliance Industries Limited, TAS, Nestle, P&G, Fin IQ, FIITJEE AB InBev, Accenture, Adani Group, Aditya Birla Management Corporation, Agarwal Packers & Movers, Amazon, Atos Syntel, Axis Bank

IIM Ahmedabad witnessed an exceptional placement season during the 2020 placement drive. The institute recorded a 35% hike in the highest domestic salary package offered to eminent students of the institution. The Highest CTC offered under the PGP program was INR. 70 LPA while the highest CTC offered under PGPx stood at INR. 81 LPA.

McKinsey & Co.with 27 offers closely followed by Boston Consulting Group’s 23, emerged as the top recruiters of the season.  Despite a market slowdown, the institute witnessed an increasing number of new recruiters (i.e. 38) visiting the campus. As every year, IIM Ahmedabad rolled out 160 ‘dream applications’ up from 140 as of 2019, wherein meritorious students applied for their desired firms, despite having offers in hand.

Earlier this year, IIMA successfully wrapped up summer placements for PGP Batch (2019-2021) in just 3 clusters. Boston Consulting Group stood out as the largest recruiter extending 23 offers. Students received 19 international offers to work in Australia, Hong Kong, Singapore, France, and the Middle East.  Tech giants Microsoft, Amazon along with conglomerate RPG were the top recruiters at laterals.

IIM Ahmedabad PGP Placements 2020

The following statistics were observed during the PGP placements:

No. of Recruiters 153
No. of New Recruiters 38
No. of Offers Received 182
No. of PPOs Received 50+
Average CTC INR. 25.83 LPA
Highest CTC INR. 70 LPA

IIM Ahmedabad PGP Placements 2020 Domain-wise

Domain Top Recruiters
Consulting BCG, KPMG, Bain & Co, McKinsey & Co, A.T. Kearney, 
BFSI JP Morgan Chase & Co, Goldman Sachs, Citi, 
FMCG/Consumer Goods/ Digital Media AB InBev, P&G, Samsung, Lenovo, Diageo
Telecom Airtel, Tata Sky
E-Commerce Amazon, Apparel Group, eShakti
General Management  Reliance Industries Limited, CK Birla Group, TAS, Aditya Birla Group, 

Taking a cue from the above trends, here are some interesting anecdotes from IIM Ahmedabad’s Final Placement of 2020:

  • Some 44 recruiters completed their hiring in the first phase of placement. Such offers were from diverse sectors including Analytics, Technology, Banking, and Consulting.
  • The niche consulting cohort dominated the final placements however investment banks, Avendus with 10 offers, and JP Morgan’s 8 made them stand out as well.
  • The private Equity, Asset Management, and Venture Capital cohort saw an 80% increase in recruiters vis-à-vis 2019.
  • From FMCG, brewery AB InBev bringing 8 offers has been the top recruiter all through these years, while telecom firm Airtel made 7. 
  • Tata Consultancy Services from the IT Consulting cohort has been the largest recruiter.
IIM Ahmedabad Placement

IIM Ahmedabad PGP Placement 2020 Year-Wise Salary

Category Placement 2019 (INR) Placement 2018 (INR) Placement 2017 (INR)
Highest CTC 70 LPA 72 LPA 53 LPA
Average CTC 25.83 LPA 24.45 LPA 22.58 LPA
Minimum CTC 17 LPA 18 LPA 15.60 LPA
Median CTC 30 LPA 28.40 LPA 28 LPA

IIM Ahmedabad PGPx Placements 2020

The institute released the final placement report for the MBA Executive (PGPx) program, for which the highest salary jumped to INR. 81 LPA and the average salary went up to INR. 33 LPA.

The batch received 120 offers and those students who had lost job offers due to the coronavirus outbreak have also got comparable offers.

Placement Statistics PGPx
No. of Recruiters 130
No. of Students Eligible for Placements 140
No. of Students Placed through the Institute 15
Total No. of Students Placed through the Institute 125
Total No. of Offers Accepted 125
No. of Students Unplaced 5
Average CTC INR. 33 LPA
Highest CTC INR. 81 LPA

IIM Ahmedabad PGPx Placement 2020 Sector-wise

The graduating students received offers from companies across sectors such as Consulting, BFSI, Conglomerates, FMCG, E-commerce, Technology, IT and ITES, Energy, Logistics, Pharma, and Manufacturing.

IIM Ahmedabad Placement

The participants of the 14th batch of PGPX came from different backgrounds with rich experience ranging from 4 to 16 years. Recruiters visited campus to select candidates for their mid-senior and senior-level management positions.

IIM Ahmedabad PGPx Placement 2020 Function-wise

Function No. of Domestic Offers
Consulting 15
Finance 4
General Management 19
HR 2
Marketing/Sales 24
Operations 22
Research & Advisory 1
Strategy 9
Supply Chain Management 2
System/IT 15
Others 7
Toal 120

Function-wise, Marketing/Sales bagged the maximum number of offers followed by Operations, General Management, and System/IT.

IIM Ahmedabad PGPx Placements 2020 Location-wise

With regards to the location, the maximum number of students were recruited for the branch offices located in Delhi and NCR regions followed by Bengaluru and Mumbai.

Location No. of Offers Accepted
Ahmedabad
Bengaluru 29
Chandigarh 1
Hyderabad 12
Kolkata 1
Mumbai 19
NCR 33
Pune 14
Rest of India 8

IIM Ahmedabad PGPx Placement 2020 Salary Analysis

The following table depicts the Domestic salary heads:

Salary Head Minimum  Maximum  Median  Mean Data
Fixed Yearly Cash Component 15,42,540 48,00,000 25,00,000  26,50,641 120
One-time Cash Payment  1,00,000 9,40,000 3,00,000 3,31,190 42
Total Guaranteed Cash Component  15,42,540  48,00,000 25,66,220  27,66,558 120
Maximum Earning Potential  18,50,000 81,00,000 30,00,000 33,36,247 120

The maximum earning potential is INR. 81 LPA and the same have been bagged by the students of PGPx program.

IIM Ahmedabad PGPx Sector-wise Salary Analysis 2020

The following tabulation represents the Sector-wise Total Guaranteed Cash Component — Domestic: 

Sectors Minimum  Maximum  Median  Mean Data
BFSI 15,42,540  43,00,000 27,50,000  27,15,949 11
Conglomerate 25,70,000 29,50,000 27,25,000 27,48,333 3
Consulting 16,00,000 29,40,000  22,00,000 22,48,627 13
Consumer Goods (FMCG) 26,58,566 33,84,621 29,95,444  30,08,519 4
Engineering/Technology 25,50,000 33,00,000 27,09,600 28,17,300 4
Environment & Energy 22,50,000 25,62,439 24,10,000 24,07,480  3
IT 16,80,000 37,00,000 25,75,618 26,78,760 42
Logistics 18,00,000 30,00,000 24,00,000 24,00,000  2
Manufacturing 22,18,644 48,00,000 48,00,000 37,20,378 7
Online Services 21,00,000 37,50,000 28,50,000 28,86,429 14
Pharmaceutical/Healthcare 17,02,000 47,00,000  21,00,000 26,20,556 9
Telecom 24,30,000 25,20,000 24,75,000 24,75,000 2
Others 19,13,043 45,00,000 38,50,000 36,35,507 6

IIM Ahmedabad PGPx Function-wise Salary Analysis 2020

The following tabulation represents the Function-wise Classification of Fixed Yearly Cash Component- Domestic Average CTC:

Functions Average (LPA)
Consulting INR. 21.95
Finance INR. 31.72
General Management INR. 28.55
HR INR. 26.20
Marketing/Sales INR. 29.03
Operations INR. 25.52
Research & Advisory INR. 32
Strategy INR. 30.46
Supply Chain Management INR. 26.25
System/IT INR. 24.68
Others INR. 20.33

IIM Ahmedabad Summer Placements 2019-2021

IIM Ahmedabad successfully conducted it’s Summer placements for the students from the PGP as well as the FABM programs. A total 386 PGP students got a chance to intern at some of the big names in the industry such as- Amazon, Boston Consulting Group, JP Morgan & Chase, and etc.

From the FABM program, 46 students were visited by 23 recruiters who provided them all with some impressive Internship offers.

Placement Statistics PGP FABM
Total Batch Strength 390 46
No. of Students Eligible for Placements 386 46
Total No. of Offers 386 46
Total No.of International Offers 19 -
No. of Participating Recruiters 367 23
Top Recruiting Sectors Finance, Consulting, Sales and Marketing, General Management, Product or Category Management Agri-Inputs, BFSI, FMCG, IT, Online Services, Conglomerates, Food Processing
Top Recruiters Amazon, Boston Consulting Group, JP Morgan & Chase, Nomura, KPMG, Roland Berger Ninjacart, Gramophone, NISG, Olam India, Hester, Udaan, ETG, Hexaware Technologies

IIM Ahmedabad PGP Summer Placements 2019-2021

Over 386 students from a batch of 390 got a chance to work under 367 companies from various sectors such as Finance, Consulting, Sales and Marketing, General Management, Product or Category Management.

IIM Ahmedabad Placement

The above illustration highlights the top trends as mentioned below:

  • Boston Consulting emerged as top recruiter offering placements to 23 students.
  • In E-commerce, Amazon topped the chart recruiting 10 students while Microsoft in Technology cohort with 8 offers. 
  • In FMCG, Hindustan Unilever made it among top recruiters extending 14 offers. 

IIM Ahmedabad PGP Function-wise Summer Placements 

Function No. of Offers
Business Development 9
Consulting 129
Finance 81
General Management 34
Marketing and Sales 72
Operations 9
Product Management 27
Research & Advisory 4
Strategy 2
Supply Chain Management 3
IT 11
Others 5

The above trends project of better job opportunities in Consulting, Finance and Sales & Marketing roles. Consulting being the top recruiting sector extended 33% roles, while 21% of the students received Finance roles, 19% were offered Sales and Marketing roles. 

IIM Ahmedabad PGP Location-wise Summer Placements 2019-2021

Over 19 International offers were bagged by the students from the PGP batch. 2 job offers were provided for Australia and France each. A total of 3 offers were provided for jobs located in Hong Kong. 12 out of 19 jobs were located in the Middle East and Singapore.

The following table represents the job offers provided within India from each state:

Location No. of Offers Accepted
Bengaluru 54
Chennai 2
Gurugram 31
Jaipur 1
Mumbai 72
New Delhi 3
Noida 3
Pan-India 185
Pune 8
Others 8
Total 367

IIM Ahmedabad FABM Summer Placements 2019-2021

Over 46 students from PGP Food and Agribusiness Management Program got recruited by some of the prominent sectors of the industry such as- FMCG, IT, Online Services, Conglomerates, Food Processing, Agri-Inputs, and BFSI.

IIM Ahmedabad Placement

Maximum number of offers were provided under the Agri-Inputs sector followed by FMCG and IT sectors.

IIM Ahmedabad FABM Function-wise Summer Placements 2019-2021

With regards to the Function-wise classification, the maximum number of offers were provided under the Sales and Marketing sector.

Functions No. of Offers
Business Development 7
Consulting 1
Operations 3
Research & Advisory 3
Sales & Marketing 26
Supply Chain Management 6

IIM Ahmedabad FABM Location-wise Summer Placements 2019-2021

Location No. of Offers
Ahmedabad 4
Bengaluru 3
Delhi  1
Gurgaon 1
Guwahati 7
Indore 2
Lucknow 2
Mumbai 4
Pan-India 20
Pune 2
Total 46